Nanoparticle Titanium Dioxide Market Analysis | 2021-2026

Market Insights

"The Nanoparticle Titanium Dioxide Market is estimated to grow from USD 9.9 billion in 2020 to USD 15.2 billion by 2026 at a healthy CAGR of 7.6% during the forecast period."

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Market Dynamics

Introduction

Nanoparticle Titanium Dioxide (TiO?) is a nanomaterial widely used in various industries due to its unique properties. Titanium dioxide, in its bulk form, is a well-known white pigment. However, when reduced to the nanoscale (particles typically less than 100 nanometers in size), its characteristics change, making it suitable for specialized applications.

Market Drivers

The Nanoparticle Titanium Dioxide market is majorly propelled by surging demand for nano titanium dioxide from the paints & coatings industry and biomedical applications. Also, the rising penetration of UV filters in personal care products & sunscreens and the growing trend towards environmental sustainability further increase the market growth potential during the forecast period. Nanoparticle titanium dioxide further finds widespread usage as an additive in the cement sector to improve the durability, strength, and mechanical properties of cement, further boosting the market growth during the forecast timeline.

Covid-19 Impact Analysis

The COVID-19 pandemic has negatively affected the nanoparticle titanium dioxide industry. Nationwide lockdown and limited workforce led to shutdown of production operations of plastic pigments, cosmetics, paints & coatings, and cement sectors, which adversely impacted the production and demand of nanoparticle titanium dioxide has been declined across the globe.

Segment Analysis

Application Trends

"Paints and coatings segment accounted for the largest market in 2020"

• Based on application, the nanoparticle titanium dioxide market has been classified into personal care products, paints and coatings, paper and ink, catalysts, and others.
• The paints and coatings segment accounted for the largest market in 2020.
• Titanium dioxide nanomaterials are most commonly used in the paints & coatings industry owing to their ability to efficiently scatter visible light, and thereby, impart whiteness, brightness, and opacity.

Regional Trends

"North American Nanoparticle Titanium Dioxide market accounted for the largest share in 2020"

• By region, the North American Nanoparticle Titanium Dioxide market accounted for the largest share in 2020 and is expected to grow at a robust CAGR during the review period.
• The Nanoparticle Titanium Dioxide market growth is mainly attributed to surging demand for cosmetics and paints & coatings sectors. Also, the presence of product manufacturers further augments the market expansion.
• The Asia-Pacific Nanoparticle Titanium Dioxide market held a substantial share in 2020 and is expected to grow at a robust CAGR during the review period.
• The Nanoparticle Titanium Dioxide market growth is mainly attributed to rising government spending on infrastructure development as well as rapid industrialization in countries such as China and India, thereby bolstering regional market growth.

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key Players

The following are the key players in the Nanoparticle Titanium Dioxide Market  (arranged alphabetically)

• ACS Material (US)
• Altair Nanomaterials (US)
• American Elements (US)
• Cristal (Saudi Arabia)
• MkNano (Canada)
• Shanghai Xiaoxiang Chemicals Co. (China)
• Sigma Aldrich (US)
• Tronox (US)
• US Research Nanomaterials (US)
• Xuancheng Jinguri New Material (China)

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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• Detailed profiling of additional market players (up to three players)
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Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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